Group Chief Finance Officer at Adexen

Industry: Industry & Manufacturing
Job Seniority: Director
Job Category: Accounting and Finance

Responsibilities

• This role provides the leadership and expertise to the group on finance function and supports the achievement of vision for the group.
• The role is responsible for financial strategy and strengthens group companies finances to deliver their business vision.
• The role is expected to manage financial health of the companies and help them create value for the stakeholders.
• The key objective is to build net-worth and value in each group company
• Develops the financial strategy which will meet the vision and net-worth and health goals set by the board of directors.  
• Define the “extent of problem”, possible alternatives to resolve them with advantages and disadvantages of the alternatives. Drives the “buy-in” of the Board for the appropriate option.
• Draws the roadmap for execution of the selected option with key milestones and timelines.
• Creates a Dashboard to update the progress on the plan against the targets.
• Builds relationships with banks at decision making level to position the group as a key customer.
• Drives the fulfillment of funds requirement of all group companies for their operations and growth (investment) requirements.
• Ensures the cost of funds is optimized.
• Create strategy and processes to ensure right mix of local and foreign currency funds to get lower cost of finance and minimize currency risks.
• Explore funds from the Central Bank of Nigeria (CBN), wherever possible. 
• Identify, explore, and avail alternate sources of funds like international institutions, PE, and DFIs and think and create innovative instruments for funding.
• Understands and develops plan to manage the applicable Taxation framework for the group, and all group companies.
• Works with Tax advisors to implement the agreed taxation compliance road map.
• Builds relationships with relevant government authorities at the decision-making levels.
• Actively works and innovates on minimizing the tax liabilities for the group companies and the group.
• Supervises the Group Financial Controller (GFC) to builds fiscal discipline, financial accounting, control, and reporting across all the group companies.
• Supervises the group budgetary process.
• Drives the team to create standardized and automated processes to efficiently report financials.
• Manages cash flows, drives operational efficiencies, and reduce working capital requirements in group companies.
• Manages external and internal audits to ensure compliance to statutory and group standards.
• Drives the automation and system utilization to reduce manual work in the finance and accounts teams across the group.

Desired Skills and Experience

• Bachelor's Degree in Accounting & Finance from a recognized university
• MBA is a plus
• Minimum of 10 years experience of leading and managing the finance department of large-to-mid sized group / organization.
• Deep and wide finance function knowledge of at least 3-4 areas. (Corporate/ Investment finance, commercial, Banking & Treasury, Accounting & Internal Control, Taxation, Governance & risk)
• Experience of working in Nigeria, Network and existing relationship with Banks, and Government Authorities
• Experience of managing B/S and P/L.
• Experience of structuring B/S.
• Experience of managing stakeholders.
• Mature, high EQ, pragmatic, flexible approach, and strong commercial judgment.
• Structured approach, problem solving ability and analytical skills.
• Excellent communication skills
• Team management & interpersonal skills.
• Positive, strong work ethics, and ability to prioritize.

Skills:

• Compliance
• Tax
• Auditing
• Banking
• Corporate Finance
• Forecasting
• Financial Analysis
• Financial Reporting
• Leadership, Finance
• Team Management
• Shared Services
• Governance.